Four short links: 17 October 2012

Beyond Goods and Services: The Unmeasured Rise of the Data-Driven Economy — excellent points about data as neither good nor service, and how data use goes unmeasured by economists and thus doesn’t influence policy. According to statistics from the Bureau of Economic Analysis, real consumption of ‘internet access’ has been falling since the second quarter of 2011. In other words, according to official U.S. government figures, consumer access to the Internet—including mobile—has been a drag on economic growth for the past year and a half. (via Mike Loukides)